TO: Board of Supervisors
FROM: Tracy Schulze, Auditor-Controller
REPORT BY: Christine Hernandez, Deputy Auditor-Controller
SUBJECT: Proximity Workforce Housing Assistance Program Compliance Review
RECOMMENDATION
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Accept and instruct the Clerk of the Board to file the annual Compliance Review of the Proximity Workforce Housing Assistance Program for the period of July 1, 2024 - June 30, 2025. (No Fiscal Impact)
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BACKGROUND
The Department of Housing & Community Services oversees and administers the Proximity Workforce Housing Assistance Program (Program), which was established on December 7, 2010. The Program’s purpose is to support low-to moderate-income households in purchasing homes near their place of employment. By expanding affordable housing opportunities, the Program is designed to strengthen the jobs-to-housing connection for Napa County (County) workforce and to reduce the displacement of workers who might otherwise be compelled to purchase homes outside the County due to lower housing costs.
Following the Board of Supervisors’ approval of revised guidelines on April 19, 2022, the Program now offers down payment assistance of up to 16.5% of the purchase price, provided in the form of a homebuyer assistance loan, for qualified applicants purchasing eligible properties.
To qualify for the Program, applicants must meet all requirements listed below:
• At least one household member must be employed in Napa County.
• The total household income may not exceed 120% of the County’s Area Median Income (AMI), adjusted for household size.
• The purchase price of the home may not exceed 110% of the Median Home Price for the jurisdiction (city or town) in which the property is located.
• The property must be located within Napa County and within 20 miles of the applicant’s place of employment.
• The home must be occupied as the owner’s primary residence.
Requested Action: Accept and file the report.
FISCAL IMPACT
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Is there a Fiscal Impact? |
No |
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Is it Mandatory or Discretionary? |
Discretionary |
ENVIRONMENTAL IMPACT
ENVIRONMENTAL DETERMINATION: The proposed action is not a project as defined by 14 California
Code of Regulations 15378 (State CEQA Guidelines) and therefore CEQA is not applicable.